Bilingual Commercial Administrator - Toronto, Canada - EQ Bank | Equitable Bank

EQ Bank | Equitable Bank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Join a Challenger
Being a traditional bank just isn't our thing.

We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what's possible in banking.

Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you're not afraid of taking on big challenges and redefining the future, you belong with us. You'll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.

We are a big (and growing) family.

Overall we serve more than 370,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and have been around for more than 50 years.

Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than 5 million members.

Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives.

Our EQ Bank platform ) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2023, 2022, and 2021 lists.

The Commercial Administrator is responsible for reviewing and processing commercial subsequent and co-lending facility advances and repayments, supporting the team during the process of releasing undertakings/holdbacks, obtaining final reports, producing various reports and completing administrative and servicing duties as required by management.

The Incumbent will be reporting to the Manager, Commercial Servicing and Administration and will be working closely with the Commercial Underwriting teams, Senior Commercial Management, Mortgage Services and Accounting.

The Work :

The Commercial Administrator will review and process commercial subsequent and colending facility advances and repayments, supporting the team for release of undertakings/holdbacks, review and process partial discharge requests, obtain final reports for the commercial portfolio, produce various reporting and complete administrative and servicing duties as required by management. (70%)
On a daily basis, the incumbent is responsible for time management of their workflow in order to meet prescribed deadlines. (10%)
The incumbent will also communicate with internal contacts (funders, underwriters, managers, and commercial mortgage sales staff) and external contacts (lending partners, mortgage brokers, solicitors and clients) to ensure transactions are processed in a timely and efficient manner in order to deliver superior customer service. (15%)
On a daily basis, the incumbent will be responsible for contributing to special projects as assigned from time to time. (5%)

Let's Talk About You :

Postsecondary education (diploma/degree), preferably in business, finance or law
Have a minimum of 2 years' mortgage administration experience
Comprehensive knowledge of real estate transactions and AML
Excellent working knowledge of MS Office (primarily excel)
Strong analytical and problem solving skills
Established time management and organizational skills demonstrating the ability to handle multiple competing priorities
Strong attention to detail
Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner
Bilingual ( French & English )

What we offer [For full-time permanent roles]
\uD83D\uDCB0 Competitive discretionary bonus

Market leading RRSP match program

\uD83E\uDE7A Medical, dental, vision, life, and disability benefits

\uD83D\uDCDD Employee Share Purchase Plan

\uD83D\uDC76\uD83C\uDFFD Maternity/Parental top-up while you care for your little one

\uD83C\uDFDD Generous vacation policy, personal days and even a moving day

\uD83D\uDDA5 Virtual events to connect with your fellow colleagues

\uD83C\uDF93 Annual professional development allowance and a comprehensive Career Development program

\uD83D\uDC9B A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from Equitable Bank's additional office space located at 351 King Street East, Toronto, ON.

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone's diverse experiences and perspectives.

In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well.

We can't wait to get to know you